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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: Daskin who wrote (1565)	8/25/1999 11:12:00 PM
From: DlphcOracl	Read Replies (2) \| Respond to of 15615

Daskin: This is precisely the time to buy GBLX! It has very little downside from here and just enough uncertainty and unfavorable Wall St. press to bring it down into oversold territory. Remember, their basic assets and strategy remain unchanged and intact. It always takes courage to purchase out-of-favor stocks, but this is where big money is made, assuming the fundamentals are intact. Think back to: Ciena at $9, Tellabs at $17 (split-adjusted), National Semiconductor at $8, Doubleclick at $68, Intel at $50, etc. The same sentiment and doubt prevailed. Disclosure: I purchased a full, long-term position of GBLX at $27 and am prepared to wait for it to rebound.